D.C.-Area Technology Company Launches Revolutionary Blockchain
Product for U.S. Government Agencies

February 15, 2018 09:00 AM Eastern Time

RESTON, Va.--(EON: Enhanced Online News)--Today, Sequoia
Holdings Inc., a leading software company, announced the launch of SEQNet,
a blockchain-based software-development platform that will allow
commercial application developers and government agencies to create,
test, and deploy smart contract applications.

“In addition to our blockchain initiatives with the Government
Blockchain Association, Noblis and Sequoia are actively working together
to advance the migration of technologies to cloud environments --
including the Government's Commercial Cloud Services (C2S)
infrastructure”

"SEQNet has the potential to modernize U.S. government operations,
particularly in the defense and intelligence communities," said T.
Richard Stroupe, Jr., President and CEO of Sequoia. "Government
organizations interact with hundreds of suppliers, vendors, and other
parties in their daily operations. Blockchain technology can automate
those transactions and ensure they're performed more efficiently and
securely -- at lower cost."

Blockchain-based smart contracts can securely log every agreement,
process, task, and payment in a digital record that can be easily
identified, validated, shared, and stored. Automating all this work
would enable the government to accomplish its work faster -- and save
millions of dollars.

Unlike any other blockchain-focused software-development platform,
SEQNet operates as a blockchain-as-a-service (BaaS) via
application-programming interfaces (API) in an "air-gapped" environment
that emulates the secure environment used by the intelligence and
defense communities.

Sequoia's unique cloud emulation service Combine gives commercial and
government partners the ability to build, test, and deploy
blockchain-based smart contract applications for use in unique
government cloud regions.

By making it easier for commercial vendors to build software for the
government, SEQNet will speed the timeline for app development, give
government leaders more choices, and save taxpayers millions of dollars.

To launch the platform, Sequoia is partnering with Blu
Venture Investors, a Washington, D.C.-area venture capital firm and Noblis,
a nonprofit science, technology, and strategy organization in Virginia,
on research and development efforts in blockchain. Through these
partnerships, as well as workshops and the development of case
prototypes, Sequoia aims to form a blockchain ecosystem to meet the
needs of the public sector.

"Blu Venture Investors is excited to be part of SEQNet," said J.S.
Gamble, Managing Principal of Blu
Venture. "As the platform is deployed, Blu Ventures will expand
blockchain capabilities for our portfolio companies, and develop and
invest in new blockchain-based technologies and business models."

"In addition to our blockchain initiatives with the Government
Blockchain Association, Noblis and Sequoia are actively working together
to advance the migration of technologies to cloud environments --
including the Government's Commercial Cloud Services (C2S)
infrastructure," said John
Fant, Director of Special Intelligence Programs at Noblis.

About SequoiaSequoia is an award-winning, employee-owned
provider of high-end software development and engineering services
centered on improving the analytic, collection, collaboration and
sharing of data. Headquartered in Reston Virginia, we’re a team of
passionate, dedicated individuals who love collaborating to build
exceptional software products and solutions. Sequoia provides
engineering and analytic solutions to the national security sector,
including the US intelligence, defense and homeland security communities.